2025-08-31-accounts

Registered number: 10562182 Charity number: 1175704

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

CONTENTS

	Page
Reference and administrative details of the Charitable Company, its Trustees and advisers	1 - 2
Trustees' Report (including Directors' Report and Strategic Report)	3 - 17
Independent Auditor's Report on the Financial Statements	18 - 21
Consolidated statement of financial activities	22 - 23
Consolidated balance sheet	24 - 25
Charitable Company balance sheet	26 - 27
Consolidated statement of cash flows	28
Notes to the financial statements	29 - 55

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 AUGUST 2025

Trustees and Directors	Martyn Beer(Head)
	Rachel Belk(Director) (appointed as a director 1 September 2024)
	David Bunney (Clerk,Director) (resigned 1 September 2024)
	Stephen Bunney
	Neil Carson(Director of Finance and Operations)
	MaryHartshorne (Clerk,Director) (appointed1September 2024)
	Matt Moore
	NancyNewlands Melvin(Senior DeputyHead) (resigned 6 December 2024)
	Andrew Penman(Director) (appointed as a director 1 September 2024)
	Sue Raphael(Director) (appointed as a director 1 September 2024)
	Carol Rayner(Treasurer,Director)
	SallySlater(Head of Junior School)
	GuyTownsend
	Belinda Walters
	AngusWells (appointed1September 2024)
	Andrew Whiteley (Director)
	Sal Wright
	DigbySwift(resigned 1 September 2024)
Company registered number 10562182 Charity registered number 1175704 Registered office Ackworth School Ackworth Pontefract West Yorkshire WF7 7LT Independent auditors Sumer Auditco Limited Chartered Accountants Rievaulx House 1 St Mary's Court Blossom Street York YO24 1AH Bankers Barclays Bank Plc Leicester Leicestershire LE87 2BB

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Solicitors	Weightmans LLP
	Westgate Point
	Westgate
	Leeds
	West Yorkshire
	LS1 2AX
School Committee	Directors on the School Committee:
	David Bunney (Clerk) - resigned 1 September 2024
	Carol Rayner
	Mary Hartshorne (Clerk) - appointed 1 September 2024
	Andrew Penman
	Andrew Whiteley
	Susan Raphael
	Rachel Belk - appointed as a director 1 September 2024
	Advisors to the Board forming part of the School Committee:
	Stephen Bunney
	Matt Moore
	Digby Swift - resigned 1 September 2024
	Belinda Walters
	Sal Wright
	Angus Wells - appointed 1 September 2024
	Guy Townsend

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT)

FOR THE YEAR ENDED 31 AUGUST 2025

The Trustees present their report and the audited financial statements of the charity for the year ended 31 August 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

The directors of the charitable company are its trustees for the purpose of charity law.

This report takes the structure of Ackworth School’s Strategic Plan encompassing three main strands (A to C below). These strands are unpacked in eight further themes (1-8 below) that identify key priorities and features of the school.

Purpose Statement: To provide an exceptional, holistic and inclusive Quaker education, nurturing young people to flourish and therefore play their part in creating a better world.

A: Quaker Life of the School: The Ackworth Way

1. The Ackworth Way: Quaker Life of the School Community

2. School Identity and Recruitment

B: People: The Ackworth Community

1. Learning and Teaching

2. Pastoral Care

3. People Development

4. The Ackworth Community

C: Financial Foundations and Sustainability

1. Health and Financial Sustainability of the School

2. Buildings and Estate

The Ackworth Way

a. Quaker Life of the School: The Ackworth Way

1. The Ackworth Way: Quaker Life of the School Community

Ackworth School remains deeply committed to its Quaker ethos, fostering an inclusive, reflective and nurturing environment in which students and staff alike can flourish. The Ackworth Way continues to shape both the daily life and the strategic direction of the School, ensuring that our values are lived as well as articulated.

This year, our Sixth Form leadership team has led the School in exploring and deepening the use of full names between staff and students. They drew carefully on Quaker thinking and practice in this area, as well as examining custom and policy across other UK schools within the Quaker family. Morning Meetings provided an opportunity to explain their proposals to the wider community, and these were followed by surveys of staff and students, alongside discussion in tutor groups and staff meetings.

This journey began in April 2024 and reached a significant milestone a year later, when the Senior School launched a soft trial before the approach became established policy and practice in September 2025. The intention throughout has been to deepen respectful relationships between staff and students, to build upon our testimony of equality and to reinforce

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ACKWORTH SCHOOL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The Ackworth Way (continued)

the sense of working alongside one another within the Ackworth community. The process itself was a learning experience in behaviour change for students, and reflected our Quaker commitment to discernment, consultation and collective ownership.

Reflect 30, a midweek Quaker meeting providing space for students, staff, governors, parents and local friends to gather for personal reflection, has now been firmly embedded in the school calendar following its inception in the Summer Term 2024. Meeting half-termly throughout the 2024–25 academic year, Reflect 30 has welcomed both regular attenders and those exploring Meeting for Worship for the first time, strengthening confidence and understanding of Quaker practice within our community.

Beyond our Meetings for Worship, Quaker testimonies have continued to shape our actions. The School’s work with PeaceJam UK remains an important strand of this, connecting students with Nobel Peace Prize laureates and encouraging engagement with issues of social justice and peacebuilding. Our exchange partnership with Abington Friends School in Philadelphia continues to develop, and we were delighted to welcome Abington students in June 2025. We were also pleased to host students from Friends’ School in Tasmania, further strengthening our international Quaker friendships. During their visit, they shared their experiences with staff and School officers, reflecting together on the common values we share as Quaker communities.

Our commitment to service and charity has remained steadfast. Sixth Form students led Charity Week, centred around our Founders’ Day celebrations, bringing a range of creative ideas to fruition in order to raise funds for two studentchosen charities: Andy’s Man Club (national) and Homeless Hampers (local). The Autumn Term culminated in our annual Santa Dash, a joyful, hot chocolate-fuelled event which saw local primary schools join with the Ackworth community to raise funds for the Rob Burrows MND Centre.

Mental Health Awareness Week in May included fundraising for The Mental Health Foundation through a ‘Wear it Green’ day and a range of activities involving the whole school community. Ongoing student-led fundraising efforts have also supported Wakefield Hospice, reinforcing our Quaker values of compassion, service and social responsibility.

Celebration Day on 5 July 2025 was a highlight of the school year, bringing together students, staff and families in a day marked by joy and achievement. The programme included a Meeting for Worship, musical and dramatic performances and showcases of student work across a range of disciplines. The Grand March, a much-loved tradition, symbolised unity and the shared journey of our school community.

These developments, alongside many others within the life of the School, exemplify The Ackworth Way: an enduring commitment to Quaker principles that nurture personal growth, strengthen community spirit and sustain our collective aspiration for a better world.

2. School Identity and Recruitment

Ackworth School has continued to strengthen its position as a leading independent school, attracting students from both the UK and overseas. Our commitment to academic excellence and inclusivity, alongside a rich co-curricular programme and a strong boarding community, remains central to recruitment. In particular, the continued success of the Football Academy and the growth of our international networks have contributed significantly to increased levels of interest in the School.

Learning Support provision has continued to develop steadily under a new leadership structure, headed by our recently promoted Assistant Head of Inclusive Learning, Hannah Walker. An externally commissioned SEND Review, conducted in November 2024 by the Liberty Academy Trust, provided valuable insight into both the strengths of, and areas for

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TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The Ackworth Way (continued)

development within, our 3–18 SEND provision. In response, a clear leadership action plan has been established, setting out next steps and ensuring continued strategic development.

The Autism Resource remains highly regarded and continues to be oversubscribed, with Local Authorities seeking highquality placements for children in their care. Hannah and her team have further developed small-group provision to complement the established one-to-one model, enhancing flexibility and breadth of support. The Autism Resource, now led by Jane Burren, reached full capacity with 33 placements confirmed for September 2025, reflecting the confidence external partners place in the provision.

The Football Academy continues to move from strength to strength, with sustained success on the pitch at local and regional level and increasingly at national level. International interest continues to grow, particularly from Central Europe, North America and Latin America, reinforcing its importance as both a performance pathway and a driver of recruitment.

A significant development this year has been the signing of a new partnership with Paris Saint-Germain Academy UK, which will take effect from September 2026. This partnership will raise the global profile of our Football Academy and build upon the strong foundations established over the past two years. It positions Ackworth to attract talented students from across the world while further strengthening our sporting offer.

Boarding numbers for September 25 were lower than anticipated, reflecting a wider sector trend in reduced numbers of international students joining UK schools. In response, the School has continued to invest in relationship-building and market presence. Participation in agent networking events in London, Germany, Spain and Hong Kong has broadened our reach. International recruitment trips this year have included Brazil, Türkiye, China, Antigua, the Czech Republic and London, enabling us both to maintain established partnerships and to develop new relationships, further diversifying future recruitment streams.

Short-stay numbers in June and July increased significantly, with 30 students joining us from the USA, Australia, France, Germany, Antigua and Ukraine. Students from the USA and Australia attended as part of new Quaker exchange partnerships developed with Abington Friends’ School, Pennsylvania, and The Friends’ School, Hobart. These relationships are expected to grow year on year, strengthening both our international profile and our Quaker connections.

Looking ahead, applications for September 2026 are strong, with notable interest from Africa and Latin America, much of it linked to the Football Academy. Boarding projections for 2026 exceed those of the previous year, with expectations of surpassing 75 boarders at the start of the academic year. Confirmed recruitment trips to Europe, Mexico, Spain, Türkiye and Asia will support this continued momentum, securing Ackworth’s reputation as a globally recognised centre of excellence in academic provision, sport and boarding.

b. People: The Ackworth Community

3. Learning and Teaching

Ackworth School’s stated purpose to provide an exceptional, holistic and inclusive Quaker education has been lived out through a wide array of learning and developmental experiences across the year.

After a rigourous recruiting process supported by RS Academics in the Spring Term we were delighted to welcome Elizabeth Bowey as Deputy Head Curriculum, Tom Norris as Deputy Head Pastoral and Boarding and Amanda McShane as Head of Coram House. All will take up key roles in leading the Ackworth community’s learning and teaching.

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The Ackworth Way (continued)

Amongst Elizabeth’s first actions was to provide a clear analysis of the public examination grades from the summer of 2025. They showed notable strengths with the whole cohort performing above national expectations at GCSE in achieving the very highest grades (9-7). This performance was also matched by EAL students, boarders and girls. There are also clear areas for development notably ensuring boys and SEND students achieve their full potential and that the overall pass rate at 4 and above moves further beyond national expectations.

There were some spectacular successes in the Post 16 exams with top grades increasingly significantly from the previous year and outstanding value added for students achieving those A and A grades. This led to places being successfully taken up at the very top universities (including Music at Cambridge, Medicine at Manchester, Social Sciences at Durham) with over 90% of students achieving their preferred or insurance offers for university or places of work. Particular success was enjoyed by students taking Further Maths (100% at B grade or higher), English (100% A-B), Music (100% A-B), EPQ (100% A-A), BTEC PE (83% A*-A), Chemistry (80% A-B) and Art (0ver 1.6 grades value added for each student.) Key areas for development were also identified including supporting EAL students and boarders to ensure they are on the right courses, with the right support, developing intervention strategies and Academic Pathway reviews to support students making the most progress they are able to and developing the curriculum that we offer, increasing the number of BTEC and CTEC options available alongside refining the ‘routes’ available at Post-16.

The introduction of the Evolve software platform for extra-curricular activities, trips and visits has significantly enhanced both organisation and engagement, facilitating wider participation in after-school activities and enriching the programme of trips and visits that so positively punctuate the school year.

Our Pastoral and Academic Teams worked collaboratively to deliver a successful Year 10 and 11 Information Evening for parents. Matt Sanderson addressed the challenges and opportunities facing students at this important stage of their education, while Christopher Bailey explored the principles of metacognition and the vital role that understanding these concepts plays in supporting young people’s learning.

Further academic support was provided through Elevate Education’s study skills sessions for Years 9, 10 and 12 as they approached and progressed through examined courses. Year 8 students also benefited from the visit of author Annabel Pitcher in April, who spoke about her novel My Sister Lives on the Mantelpiece, which pupils were studying at the time. The opportunity to engage directly with a contemporary writer added depth and context to their learning.

June brought notable success for Stefan in Year 8 in the UK Linguistics Olympiad. Competing alongside more than a thousand pupils nationwide across the Breakthrough, Foundation and Intermediate categories, Stefan demonstrated exceptional commitment in tackling complex linguistic puzzles spanning Icelandic, Armenian, Zapotec and Proto-Basque. His self-reliance, patience and ability to identify patterns earned him Bronze, Silver and Gold certificates, an outstanding accomplishment reflecting both intellectual curiosity and determination.

The Arts have continued to flourish throughout the year, with significant achievements in both music and drama. The Senior Production of Merrily We Roll Along in January 2025 was a particular highlight, drawing together performers from Coram through to Sixth Form in a production that showcased talent from across the School.

Students benefited from a range of expert input during the year, including a visit in November 2024 from actor and dancer Beckie Callow. Touring in the production Feel Me, created by feminist and political theatre practitioners The Paper Birds, Beckie led practical workshops exploring empathy, forced displacement and the company’s distinctive devising methods. Students across age groups engaged with industry practice, while Sixth Form Performing Arts students gained invaluable insight into an exam-specific practitioner through hands-on experience rather than solely theoretical study. Music students embraced a range of public performance opportunities. Highlights included performing at Wakefield Cathedral’s lunchtime concerts in January and participating in the annual piano masterclass trip to Steinway in London. With Richard Evans, Director of Music at Trinity School, Croydon, as Steinway Artist in Residence, our pianists Vinnie,

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The Ackworth Way (continued)

Benji, Izzy, Charlotte and Winston each received an individual masterclass to develop technique, expression and interpretation. The visit concluded with a small recital featuring the pianists alongside members of the Chamber and Senior Choirs, who previewed repertoire for the Rothwell Music Festival, where they subsequently enjoyed notable success.

The strength of our drama provision was further evidenced in March, when 21 students from 2nd to 5th Form achieved LAMDA Speech and Drama qualifications. Under the expert guidance of peripatetic tutors Sophie and Marie, students continue to thrive, developing confidence that extends beyond performance into lessons, productions and their wider lives.

This confidence was fully on display at the Interhouse Performing Arts Festival in March. The evening showcased an impressive breadth of talent, from Shakespeare to Hamilton, from Mamma Mia! to Purcell, and from Oasis to Black Sabbath, and reflected the spirit, encouragement and leadership that characterise the Ackworth community.

The Easter Concert in April followed, with performances of exceptional quality. The Senior Choir, fresh from their Rothwell Music Festival success, delivered memorable renditions of Moon River and Bohemian Rhapsody. In June, the Coram production of Mary Poppins saw Year 6 pupils bring energy and commitment to the Fothergill Theatre stage, ably supported by Year 5 as they prepare for their own production next year.

June 2025 also marked the culmination of a ten-month Shakespearean journey for Bethan and Vida, who, as regional winners, represented Ackworth at the English-Speaking Union’s Performing Shakespeare Grand Finals at the Globe Theatre in London. Selected from 130 schools across England and Wales, they joined twelve other finalists in a prestigious national event.

They brought not only talent but generosity of spirit, embracing every aspect of the experience, from professional workshops to backstage tours, with curiosity and joy. Their final performance on the Sam Wanamaker stage was delivered with remarkable poise and intensity. The event’s professional host commented on their extraordinary ability to transition from light-hearted warmth off stage to a performance characterised by venom, danger and control, and then to return seamlessly to celebrating the achievements of their peers. Their conduct throughout reflected both artistic excellence and the values of the Ackworth community.

Our 4th Annual Community Charity Concert in March was a further celebration of musical talent and community spirit. Collaborations with Mill Dam Primary School, a wide variety of musical genres and performances from students and staff alike created an uplifting evening, raising funds for Wakefield Hospice.

Sport continues to play a fundamental role in the inclusive and holistic education offered at Ackworth. Participation and performance have been equally strong throughout the year.

Alex and Hiko from the Table Tennis Academy represented England at the ISF World Schools Gymnasiade in Bahrain in November 2024, competing among over 5,500 participants from 60 countries across 29 sports. In the team event, representing England 1, they progressed through their group undefeated, reached the semi-finals and ultimately finished 4th overall after facing strong opposition from Chinese Taipei and China.

In the singles competition, both won their groups. Alex exited in the last 32 against the reigning European champion. Hiko progressed to the quarter-finals, defeating Luca Opera of Romania, who is World Ranked 163, before narrowly losing to Shih-Ming Liu, World Ranked 119, of Chinese Taipei. Their performances on the international stage were a significant achievement for both players and the Academy.

The Football Academy enjoyed a highly successful season, retaining regional cup and league silverware and strengthening

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The Ackworth Way (continued)

its growing national reputation by reaching the final of the ISFA Bowl competition in March. Although finishing as runnersup to Queen Elizabeth Hospital School, reaching the final of this national competition represented a major accomplishment and reflected an excellent season of progress.

Sports scholars also benefited from the insight of former Wales international table tennis player Dan O’Connell, now Performance Coach at the University of Central Lancashire, who visited in October to provide guidance on highperformance development across sports.

Alongside competitive success, sport continues to foster community and enjoyment. Boarders and football enthusiasts enjoyed regular trips to the Etihad Stadium to follow Manchester City’s Champions League campaign, further enriching the shared life of the School.

Across learning, the arts and sport, the year has reflected the strength, talent and spirit of the Ackworth community, a community in which opportunity, encouragement and aspiration sit at the heart of the educational experience.

4. Pastoral Care

Pastoral care at Ackworth continues to sit at the heart of school life, rooted in our Quaker commitment to equality, respect and the wellbeing of every individual. Throughout the year, a range of initiatives and events have strengthened our culture of care, ensuring that students feel supported, heard and valued.

Anti-Bullying Week provided an important opportunity to reinforce our shared expectations around kindness and community. Under the national theme “Choose Respect”, students engaged in reflection and discussion, including the much-loved Odd Sock Day, which celebrated individuality while promoting a clear and collective stand against bullying. The week reaffirmed our commitment to fostering a safe environment in which difference is embraced and respectful relationships are actively cultivated.

The opening of the Garden Villa Health and Wellbeing Centre in September 2024 marked a significant development in our pastoral provision. This dedicated space provides enhanced facilities to support students’ physical and emotional wellbeing through an offer of space, counselling, nursing care, mediation. It reflects our strategic commitment to ensuring that care structures continue to evolve in response to need. It stands as a visible expression of the School’s investment in holistic support.

As part of our Founders’ Day programme in October 2024, students took part in Restart a Heart Day, reinforcing the importance of life-saving skills and community responsibility. We were honoured to welcome the Deputy Lord Lieutenant for West Yorkshire, who attended and spoke to students, highlighting the importance of preparedness, service and civic contribution. The event combined practical learning with a strong sense of shared purpose.

Our AckWell programme was formally launched at the Spring Term Parent Forum on 5 March 2025. The session focused on sleep hygiene and its critical role in supporting young people’s wellbeing and academic performance. We were pleased to welcome Clare Blackmore from Compass Rise in Wakefield, a national mental health charity, to lead the session. As a specialist sleep practitioner and bereavement counsellor, Clare brought considerable expertise and practical guidance for parents. The event reflected our ongoing commitment to working in partnership with families to support student wellbeing.

Mental health awareness has continued to be a priority. On 15 May, the School supported the Mental Health Foundation’s Wear It Green Day campaign. Pupils and staff wore non-uniform with an item of green and participated in activities on the Green at lunchtime. The Wellbeing Team organised a bake sale and coordinated additional fundraising activities, bringing the community together in support of a national cause while reinforcing the importance of open

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The Ackworth Way (continued)

conversation around mental health.

Student leadership has also played a powerful role in raising awareness of wider health issues. During Endometriosis Awareness Month, Hannah in Upper Sixth led efforts to increase understanding of this chronic inflammatory condition, which affects approximately one in seven individuals assigned female at birth. Sixth Form students addressed the topic in Meeting for Worship, helping to educate the wider community. To conclude the month, a non-uniform day with a theme of comfort was organised, reflecting the lived experience of those managing flare-ups. Funds raised were donated to Endometriosis UK to support awareness and research. This initiative demonstrated both courage and compassion, exemplifying the supportive culture we seek to nurture.

The Parents and Staff Association has continued to strengthen community bonds through events such as the Autumn Flower Arranging Evening and the Christmas Wreath Making Evening. These occasions provide opportunities for connection and shared enjoyment, reinforcing the sense of partnership between home and school that underpins effective pastoral care.

In response to parental feedback, the School has also agreed changes to term dates from the 2025 to 2026 academic year onwards, introducing a two-week October half term and a three-week Christmas break. This adjustment reflects our commitment to listening carefully to families and ensuring that the rhythm of the school year best supports wellbeing for students and staff alike.

Together, these initiatives reflect a pastoral system that is proactive, responsive and deeply aligned with the values of the Ackworth community. Care at Ackworth is not confined to structures or events but is embedded in daily relationships, shared responsibility and a collective commitment to ensuring that every young person is supported to thrive.

5. People Development

People development at Ackworth continues to be shaped by purposeful leadership, professional growth and meaningful engagement with the wider world. Across students and staff, the year has been marked by opportunities to reflect, to lead and to strengthen expertise in ways that support the continued flourishing of the School.

Student leadership has remained a central strand of development throughout 2024–25. Through assemblies, meetings and wider communication, including the Head’s letters and Ackworth Today, pupils have been encouraged to engage thoughtfully with contemporary issues and to see themselves as active contributors within their community.

This was exemplified by the parts played by Vivi and Joel as we approached Black History Month. They felt that our commemoration of Black History month should be deeper than a reminder of the importance of the lives of prominent black Americans – inspirational as Rosa Parks and Martin Luther King are – and focus on the lived experience of contemporary Britons. They wrote personal invitations to local dignitaries to invite them to share their experiences. As a result we were delighted to welcome Lord Mayor Abigail Marshall Katung and Assistant Chief Constable for West Yorkshire Police Carl Galvin in November 2024.

Abigail came to speak to the whole school about her own life story as an immigrant from Nigeria and the experiences of her twin boys (now in their twenties) growing up in a sometimes hostile and racist school environment. The event was designed to challenge the sometimes conscious, sometimes unconscious prejudices we all hold, to challenge our responses to racism that occurs all around us and to challenge us as a school community to live up to our values of equality and truthfulness. Abigail’s presentation was then followed by a Quaker silence as we reflected on the power of her words and her family’s experiences. The floor was then opened for students to ask questions – and how they flowed! The session had to be curtailed with contributions and questions still forthcoming so that the Mayor could attend her next commitment. She was visibly moved by the spirit and engagement of the questions, by the participation of the whole

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The Ackworth Way (continued)

student body, from the very youngest (at one point she asked all the first formers to stand so they could be applauded for their multiple contributions) to the oldest and encompassing many of our wonderfully diverse school community – hailing as we do from 27 different nations. There was a moment when Abigail paused mid answer and looked round at the assembled school, commenting on the wonderful diversity present and exclaimed ‘I feel so at home here!’

It was a moment to be proud of for the whole school community. We state our school purpose as aiming to provide an exceptional, holistic and inclusive Quaker education, nurturing young people to flourish and therefore play their part in creating a better world. This was achieved in spades, particularly the latter part looking for our students to play their part in creating a better world. It was student led, staff supported and founded beautifully on our school values. In a letter from prison George Fox encouraged the early Quakers to ‘be patterns, be examples in all countries, places, islands, nations, wherever you come, that your carriage and life may preach among all sorts of people, and to them; then you will come to walk cheerfully over the world, answering that of God in every one.’ This was the spirit captured during this time, reinforced by our invited guest and absorbed thoughtfully by all present. Mistakes will continue to happen and we will need to refer back to the key messages given in the future in order to make sure that lessons are learnt and relearnt but that doesn’t take away from the way the joy of the moment and the ongoing wonder of all the Ackworth community can bring in its best moments.

Carl Galvin was the second local leader to respond to Vivi and Joel’s invitation and spoke to pupils about his father Gary Galvin’s role in exposing wrongdoing in the 1969 case of David Oluwale, highlighting the importance of moral courage and speaking up when racist behaviour occurs. He reflected on the need for individuals to take a stand so that communities can move forward, particularly in recognising and challenging racism. Pupils engaged thoughtfully in discussion, asking questions about his work in policing and the progress made in tackling corruption and misconduct within the force over recent decades. The session provided a powerful example of lived leadership and reinforced the importance of integrity and accountability.

Recognition of excellence within our own community was also evident this year. In January 2025, our Marketing Team was awarded ‘Best Digital Marketing Campaign – Education’ at the Northern Digital Awards in Manchester for the ‘Go Ackworth Go Further’ campaign. This well-deserved accolade reflects the professionalism, creativity and strategic clarity of colleagues working to communicate the School’s vision and values.

Significant structural developments have strengthened our support systems. The expansion of the Wellbeing Hub into Garden Villa has brought together wellbeing provision, medical care and safeguarding support within a unified and enhanced space. This integration ensures clarity of access for students and staff and reflects our commitment to coordinated and high-quality pastoral provision.

Leadership transitions have been managed carefully and positively. We marked the retirement of Sally Slater as Head of Coram House with gratitude for dedicated service and successfully recruited Amanda McShane as our new Head of Coram House to continue that work. Alongside this, appointments were made to Tom Norris and Elizabeth Bowey for the roles of Deputy Head Pastoral and Boarding and Deputy Head Curriculum respectively, ensuring strong and balanced leadership across key areas of school life. James Thomson provided valued support in his capacity as interim Deputy, offering stability during this period of transition.

Within Inclusive Learning, Hannah Walker was promoted in March 2025, reflecting her expertise and leadership within the School. Jane Burren was appointed as Head of the Autism Resource, strengthening specialist oversight of this important provision. These appointments signal both continuity and ambition in our commitment to inclusive education.

Academic leadership has also been enhanced through the recruitment of experienced and high-calibre colleagues in core subject areas. Dan Radford joined in June 2024, followed by Matthew Knight, strengthening teaching and leadership capacity in English and mathematics. These appointments support sustained improvement and ensure that students

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The Ackworth Way (continued)

benefit from strong subject expertise and clear curricular direction.

In the area of sport, the appointment of Gary Childs as Assistant Director of Football further strengthens the leadership of our Football Academy, supporting its continued growth and development at both performance and strategic levels.

Staff wellbeing and professional understanding have also remained priorities. On 13 November 2024, GP Emma Travers led a Menopause Awareness session, providing valuable guidance and fostering open discussion around an important area of health and workplace wellbeing. Such sessions contribute to a supportive professional culture in which colleagues are informed, valued and equipped to thrive.

Collectively, these developments demonstrate a community attentive to growth, responsive to change and committed to investing in its people. Through thoughtful leadership, strategic recruitment and purposeful engagement with wider voices, Ackworth continues to cultivate a culture in which both students and staff are supported to develop with confidence and integrity.

6. The Ackworth Community

The strength of the Ackworth community continues to be reflected in the quality of partnership between school, families and the wider community. Throughout 2024–25, engagement, celebration and external recognition have all contributed to a confident and forward-looking sense of shared purpose.

Parental voice has remained central to our ongoing development. Feedback gathered through the Parents’ Survey in September 2024 provided valuable insight and affirmation, alongside constructive guidance for future priorities. This dialogue informed the strategic communication shared in January 2025 under the theme Ackworth School: A Thriving and Sustainable Future, which articulated our commitment to long-term sustainability, educational excellence and community wellbeing. The process demonstrated both transparency and a genuine commitment to listening.

Our links with the wider Quaker community were strengthened through a music concert held at the Quaker Meeting House, providing an opportunity to share the talents of our pupils in a setting closely connected to the School’s heritage. The event celebrated musical excellence while deepening our connection with the local Quaker community.

Sustainability and social responsibility were highlighted by Coram House being named the national winner of the Great Food Waste Challenge, launched by Thomas Franks in November 2024. Announced on 4 July 2025, this national recognition reflects the creativity, teamwork and commitment of our youngest pupils. Their achievement provides real encouragement as we continue to embed education for sustainability across the School and to live out our values in practical and visible ways.

Community celebration has remained a vibrant feature of school life. The Christmas Dickensian-themed Market once again brought families and friends together in a festive and welcoming atmosphere, complemented by the ever-popular Breakfast with Santa. These occasions strengthen relationships across the community and contribute to the distinctive warmth of Ackworth life.

Remembrance Day was marked with a gathering on The Green, followed by the laying of a wreath on behalf of the School at the village commemorations. The occasion provided a moment of collective reflection and respect, reinforcing our commitment to remembrance and civic responsibility.

External recognition this year has further affirmed the strength of the Ackworth community. In June 2025, the School was featured in a review by Muddy Stilettos, which highlighted the calm, inclusive atmosphere that characterises daily life at Ackworth. The review recognised the School’s ability to nurture individuality while providing strong academic and pastoral

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

The Ackworth Way (continued)

support, and noted the breadth of opportunity available to pupils both within and beyond the classroom. Such external affirmation is encouraging and reflects the values and ethos that underpin our work.

Together, these moments of consultation, celebration, service and recognition illustrate a community that is connected, outward-looking and confident in its identity. The Ackworth community continues to be defined not only by shared experience but by shared values, ensuring that relationships remain the foundation upon which the School’s future is built.

c. Financial foundations and sustainability

7. Health and Financial Sustainability of the School

The introduction of VAT on fees dominated the 2024/25 financial story. The budget for the year, which suggested a modest surplus, was set before the outcome of the general election was known. Post-election, the scale of the new Government’s majority provided clarity on VAT on fees. Mid-year implementation took the School, and the sector, by surprise. Regrettably, we lost pupils at the beginning of the school year and further exits followed as the year progressed.

The scale of the challenge was not lost on the trustees or the school senior leadership team. Working groups had already been established to devise strategies to develop a sustainable business model, but this work very quickly became more significant. As the year progressed, a more efficient timetable and staffing/ leadership structure for 2025/26 was produced, a bursary and scholarship programme more focused on talent development was devised and assets not contributing to income generation or educational output were identified for disposal. It proved to be a demanding year financially, which was to be expected in the context of VAT on fees, but Ackworth School’s financial foundations remain strong. All land and buildings are owned outright, and the school is debt free. This enables Ackworth School to navigate difficult years without the additional pressure of having to service loan repayments. The 2024/25 financial year recorded a £966k deficit and was attributable to reduced pupil numbers, an increased bad debt provision relating mainly to historical items, and an overspend on bursaries. The bursary overspend has been rectified for 2025/26 through a natural exit process at Y11 and Y13. There has been no requirement to reduce bursaries for ongoing recipients. In 2025/26 bursary exposure is expected to reduce by £470k.

As the year progressed it became clear other independent schools in the area were finding the new financial reality difficult. In the spring and summer terms of 2025, Ackworth reached out and offered advice and guidance to parents and pupils from schools who had announced they would close. Whilst any pupil disruption is unwelcome, the pupils affected have settled well into the Ackworth community, and it has been a welcome boost to day pupil numbers.

8. Buildings and Estate

The challenges of maintaining a school approaching its 250th anniversary remain significant. The schoolwide boiler programme is the most significant project in recent years, and it is now complete. Increased boiler efficiency and zonal control are delivering reduced gas consumption. Work on gaining the benefits of solar and battery technology is underway.

Across the school, smaller projects are delivering tangible benefits for pupils; these include toilet refurbishment, installation of a life skills kitchen and improved social spaces. New flooring and fresh modern paintwork are transforming the West Wing teaching block, and this work will continue in 2025/26. We are determined to become a magnolia-free school. This year also saw the refurbishment and placement of the West Wing Cupola. It has been missing from the school skyline for two years, and it is good to see it back in its rightful place overlooking the Green.

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

The Ackworth Way (continued)

In pursuing these aims Ackworth School Committee, as the Charity Trustees, have given due regard to the Charity Commission’s published general and relevant sub-sector guidance concerning the operation of the Public Benefit requirements under the Charities Act.

Strategic report

Reference and administrative information

a. Incorporation

The Charity was founded in 1779 and was registered with the Charity Commission under charity number 529280. In January 2017 the school incorporated and from 1st September 2018 has traded as a company limited by guarantee under the charity number 1175704. The charitable objects of this new charity remain unchanged from the objects of the old charity. The Directors, Governors (also the Trustees), executive officers and principal address of the Charity, along with the particulars of the Charity’s professional advisers for the reporting period, are given on page 1.

Structure, governance and management

a. Governing document

The Charity is governed by its Trust Deed dated 20th April 1799 as amended by a subsequent deed dated 9th August 1873 and its Articles of Association dated 11th August 2017.

b. Organisation, Governance and Management

The school company is monitored by Ackworth General Meeting of the Religious Society of Friends (Quakers) which appoints the School's Governing Body, known as the school committee.

Ackworth General Meeting continues to be the responsible body for spiritual matters along with the School’s Governing Body, known as the School Committee and will continue to be drawn from all the Area Meetings in Britain Yearly Meeting. Ackworth General Meeting meets annually to hear reports from the School Committee and the Head and to feed into the spiritual life of the school.

The School Committee carries out its responsibilities in accordance with the published Rules for Government which Ackworth General Meeting has the power to amend on the recommendation of the School Committee.

The Directors of the school are legally responsible for the overall management and control of the school, but they take their guidance from the wider School Committee who meet six times a year, three times in full session (when all Sub Committees meet) and three times as one Committee for a one-day session. The work of implementing Committee policies is carried out by six Sub Committees.

Whilst the School Committee is responsible for governing the School it delegates the day-to-day management of the School to the Head, supported by his Senior Management Team.

c. Recruitment and training of Governors

Induction into the workings of the Charity is carried out by Friends and Officers already serving on the Committee, with all committee members being invited to share the induction process for new staff where appropriate, with ongoing training being undertaken online, at governors' meetings and attendance at events organized by the Friends Schools’ Council (FSC), the Association of Governing Bodies of Independent Schools (AGBIS), and other relevant organisations. In addition

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Strategic report (continued)

Structure, governance and management (continued)

to the training provided for Committee members, Ackworth School plays an active part in the Quaker Schools network through FSC. The school encourages the creation of working relationships with members of other educational professional bodies such as HMC, Society of Heads, Independent Schools Bursars Association (ISBA), Independent Association of Primary Schools (IAPS).

The School Committee maintains a record of the training undertaken by each individual member of School Committee, as part of the programmes of safeguarding and ‘keeping children safe in education’.

d. Related parties

The Ackworth School 1950 Trust exists to hold funds of gifts, legacies, donations etc. for the benefit of Ackworth School, and to lend or gift these funds to the School. The Trustees of the 1950 Trust (being members of the School Committee who are Friends or Old Scholars) are also the holders of the whole of the issued share capital of Ackworth School Estates Limited (ASEL) which is a trading company with responsibility for the external letting of the School’s land, premises and facilities. All profit made by ASEL is donated to the School.

The Wennington School Bursary Fund provides bursary support to the School. This is administered by Trustees who are all current members of School Committee.

The Ackworth & Freshfield Educational Foundation provides grants and scholarships to pupils and is empowered to make grants to the School at the discretion of its Trustees who are appointed by School Committee. The finances of all the above trusts are incorporated into the School’s consolidated accounts.

e. Risk management

The School Committee continues to review the Risk Register at least three times a year to provide a formal element to the identification and assessment of risk. The Senior Management Team are the custodians of this document and ensure that this continues to be an effective working document through regular reviews.

The key risk facing the school is the ability to generate sufficient income from the various pupil groupings to sustain the age 2-18 through school model.

Our plans and strategies for managing risk include maintaining effective internal controls, risk registers, succession planning, compulsory safeguarding training and procedures, incident reporting and monitoring systems and insurance cover wherever appropriate.

f. Remuneration policy

The Salaries and Wages Sub Committee makes recommendations to the full Committee about the pay of senior executives as well as considering the pay award across the wider staff.

g. Fundraising

Fundraising has been limited to raising funds for specific charities which are chosen by the pupils during the year. We do not use fundraising agents and have not received any complaints.

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Strategic report (continued)

Financial review and results for the year

Overview

In the year VAT was added to school fees, the school’s financial performance declined. The year ended on 31 August 2025 with a £972k deficit (2024: £184k surplus).

Fee income has decreased by 4.1% (2024: increased by 7.7%). Scholarships and bursaries represented 18.8% of fee income (2024: 15.1%). The results continue to demonstrate the Trustees’ aspiration to promote accessibility by providing financial support where possible, but the School Committee accepts and has instructed that bursaries need to be reduced to a sustainable level. The deficit for the year has also been impacted by £388k of bad debt costs, which mainly relate to historical balances where recoverability is now considered unlikely.

In considering whether it is correct to prepare the accounts on the going concern basis the Trustees have reviewed these annual accounts, the systems and processes currently in operation, together with a review of current banking arrangements (including the ability to access an overdraft facility of £350k), future cash flows and forecasts and they have considered a range of potential outcomes. Further details are given in note 1.2 to the accounts. Further, in accordance with Charity Commission Guidance note CC12, the Trustees are satisfied that they have reviewed their responsibilities and conduct the affairs of the school in such manner as to believe it appropriate to prepare the financial statements on the going concern basis.

Reserves policy

The School’s business plan recognises the need to build up reserves to ensure the long-term financial stability of the School. Whilst no specific level of reserves can be defined as ideal, the Trustees would hope to achieve a level of free reserves equivalent to one-half of budgeted annual expenditure (£4m). In this respect there is much work to be done: the School currently holds no free reserves in the accounting sense. However, unrestricted funds currently stand at £3.2m (2024: £4.1m). The School Committee believe a surplus budget one year on from VAT on fees is unrealistic and therefore have set a break-even budget for 2025/26. A surplus budget should be achieved in 2026/27.

The total funds held by the School are £5,119,400 (2024: £6,091,829), of which £1,799,718 (2024: £1,801,466) are restricted and £161,336 (2024: £159,145) are endowed.

Investment powers, policy and performance

The Trust Deed permits the School to invest the funds of the school in any way that it feels appropriate. The School Committee places restrictions upon investment by following ethical guidelines appropriate to the relationship between the School and the Religious Society of Friends. The Trustees remain confident that the School’s investment partners will apply their ethical guidelines appropriately and hold this principle above setting a target for the performance of the portfolio. During the year the School and related charities investments yielded 1.40%. (2024: 1.67%). Money laundering regulations now require banks and recipients of funds to undertake due diligence on the origins of donations.

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Statement of Trustees' responsibilities

The Trustees (who are also the directors of the Charitable Company for the purposes of company law) are responsible for preparing the Trustees' Report (including Directors' Report and Strategic Report) including the Strategic Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Group and the Charitable Company and of their incoming resources and application of resources, including their income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

 observe the methods and principles of the Charities SORP (FRS 102);

• make judgments and accounting estimates that are reasonable and prudent;

 state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;

 prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Group and the Charitable Company's transactions and disclose with reasonable accuracy at any time the financial position of the Group and the Charitable Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Group and the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the maintenance and integrity of the corporate and financial information on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Auditors

Sumer Auditco Limited were appointed as auditor to the charitable company following BHP LLP becoming part of the Sumer Group on 31 December 2025, which required a change in audit firm to comply with applicable regulatory requirements.

In accordance with section 487(2) of the Companies Act 2006, Sumer Auditco Limited are deemed to be reappointed annually.

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

• (A Company Limited by Guarantee)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025

Disclosure of information to auditors

In so far as the Trustees are aware:

• there is no relevant audit information of which the charitable company's auditor is unaware; and

• that they have taken all the steps that they ought to have taken in order to make themselves aware of any relevant audit information;

• and to establish that the auditor is aware of that information.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Mary Hartshorne Clerk

Date: 20 May 2026

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ACKWORTH SCHOOL

Opinion

We have audited the financial statements of Ackworth School (the 'parent charitable company') and its subsidiaries (the 'group') for the year ended which comprise the Consolidated Statement of Financial Activities, the Consolidated Balance Sheet, the Charitable Company Balance Sheet, the Consolidated Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• give a true and fair view of the state of the group's and of the parent charitable company's affairs as at 31 August 2025 and of the group's incoming resources and application of resources, including its income and expenditure for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ACKWORTH SCHOOL (CONTINUED)

Other information

The other information comprises the information included in the Trustees' Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Trustees' Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• the information given in the Trustees' Report (incorporating the Strategic Report and the Directors' Report) for the financial year for which the financial statements are prepared is consistent with the financial statements

• the Strategic Report and the Directors' Report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report, included within the trustees' report.

We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion:

• the parent charitable company has not kept adequate accounting records, or returns adequate for our audit have not been received from branches not visited by us; or

• the parent charitable company financial statements are not in agreement with the accounting records and returns; or

• certain disclosures of Trustees' remuneration specified by law are not made; or

• we have not received all the information and explanations we require for our audit.

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ACKWORTH SCHOOL (CONTINUED)

Responsibilities of Trustees

As explained more fully in the Trustees' Responsibilities Statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group's and the parent charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

• the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

• we identified the laws and regulations applicable to the group and parent charitable company through discussions with directors and other management, and from our commercial knowledge and experience of the independent schools sector;

• we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the group and parent charitable company, including the Charities Act 2011, Companies Act 2006, taxation legislation, data protection, Independent Schools Inspectorate, child protection, employment and health and safety legislation;

• we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

• identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the group and parent charitable company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

• making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

• considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ACKWORTH SCHOOL (CONTINUED)

To address the risk of fraud through management bias and override of controls, we:

• performed analytical procedures to identify any unusual or unexpected relationships;

• tested journal entries to identify unusual transactions;

• assessed whether judgements and assumptions made in determining the accounting estimates set out in Note 2 were indicative of potential bias; and

• investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

• agreeing financial statement disclosures to underlying supporting documentation;

• reading the minutes of meetings of those charged with governance; and

• enquiring of management as to actual and potential litigation and claims.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed.

Signer ID: WE060HTNXF...

Laura Masheder (Senior statutory auditor)

for and on behalf of

Sumer Auditco Limited

Chartered Accountants Statutory Auditor Rievaulx House 1 St Mary's Court Blossom Street York YO24 1AH

Date: 22/05/2026 GMT

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 AUGUST 2025

Note Income and endowments from: Donations and legacies 3 Charitable activities 4 Other trading activities 5 Investments 6 Other income 7 Total income and endowments Expenditure on: Raising funds 8 Charitable activities: 99 Exceptional costs . Other charitable activities Total expenditure Net (expenditure)/income before net (losses)/gains on investments Net (losses)/gains on investments 15 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward 19	Unrestricted funds 2025 £ 2,385 8,324,567 336,865 13,904 1,288 8,679,009 266,464 387,691 8,989,122 9,643,277 (964,268) (8,604) (972,872) 4,131,218 (972,872) 3,158,346	Restricted funds 2025 £ 1,716 - - 3,986 - 5,702 - - 2,134 2,134 3,568 (5,316) (1,748) 1,801,466 (1,748) 1,799,718	Endowment funds 2025 £ - - - 638 - 638 - - - - 638 1,553 2,191 159,145 2,191 161,336	Total funds 2025 £ 4,101 8,324,567 336,865 18,528 1,288 8,685,349 266,464 387,691 8,991,256 9,645,411 (960,062) (12,367) (972,429) 6,091,829 (972,429) 5,119,400	Total funds 2024 £ 58,098 8,682,676 236,431 38,533 4,000 9,019,738
					273,315 - 8,664,484 8,937,799
					81,939 101,589 183,528
					5,908,301 183,528 6,091,829

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

The consolidated statement of financial activities has been prepared on the basis that all operations are continuing operations.

The Statement of Financial Activities complies with the requirements for the Income and Expenditure Account under the Companies Act 2006 and includes all gains and losses recognised in the year.

The notes on pages 29 to 55 form part of these financial statements.

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Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

REGISTERED NUMBER: 10562182

CONSOLIDATED BALANCE SHEET

AS AT 31 AUGUST 2025

Note Fixed assets Tangible assets 14 Investments 15 Current assets Debtors 16 Cash at bank and in hand 23 Current liabilities Creditors: amounts falling due within one year 17 Net current liabilities Total assets less current liabilities Creditors: amounts falling due after more than one year 18 Net assets excluding pension asset Total net assets Charity funds Endowment funds 19 Restricted funds 19 Unrestricted funds 19 Total funds	2025 £ 2,825,848 309,268 3,135,116 (4,996,184)	2025 £ 6,809,893 960,214 7,770,107 (1,861,068) 5,909,039 (789,639) 5,119,400 5,119,400 161,336 1,799,718 3,158,346 5,119,400	2024 £ 3,184,785 389,221 3,574,006 (4,657,653)	2024 £ 6,886,785 972,243 7,859,028 (1,083,647) 6,775,381 (683,552) 6,091,829 6,091,829 159,145 1,801,466 4,131,218 6,091,829

Page 24

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

REGISTERED NUMBER: 10562182

CONSOLIDATED BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 2025

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Mary Hartshorne Clerk

Date: 20 May 2026

The notes on pages 29 to 55 form part of these financial statements.

Page 25

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

REGISTERED NUMBER: 10562182

CHARITABLE COMPANY BALANCE SHEET

AS AT 31 AUGUST 2025

Note Fixed assets Tangible assets 14 Investments 15 Current assets Debtors 16 Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year 17 Net current liabilities Total assets less current liabilities Creditors: amounts falling due after more than one year 18 Total net assets Charity funds Restricted funds 19 Unrestricted funds 19 Total funds	2,773,652 53,412 2,827,064 (5,160,119)	2025 £ 6,789,599 328,022 7,117,621 (2,333,055) 4,784,566 (2,985,766) 1,798,800 476,309 1,322,491 1,798,800	3,223,392 66,042 3,289,434 (4,828,915)	2024 £ 6,858,586 332,604 7,191,190 (1,539,481) 5,651,709 (2,879,679) 2,772,030 483,319 2,288,711 2,772,030

Page 26

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

REGISTERED NUMBER: 10562182

CHARITABLE COMPANY BALANCE SHEET (CONTINUED) AS AT 31 AUGUST 2025

The charity has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own statement of financial activities in the financial statements. The deficit of the charity is £973,230 (2024: £90,359 surplus).

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Mary Hartshorne Clerk

Date: 20 May 2026

The notes on pages 29 to 55 form part of these financial statements.

Page 27

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

CONSOLIDATED STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 AUGUST 2025

Note Cash flows from operating activities Net cash provided by operating activities 22 Cash flows from investing activities Dividends, interests and rents from investments Proceeds from the sale of tangible fixed assets Purchase of tangible fixed assets Net cash used in investing activities Cash flows from financing activities Repayments of borrowing Interest paid Net cash used in financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year 23 The notes on pages 29 to 55 form part of these financial statements	2025 £ 4,991 18,528 - (26,396) (7,868) (66,667) (10,071) (76,738) (79,615) 407,281 327,666	2024 £ (2,612) 38,533 4,000 (211,213) (168,680) (199,999) (13,775) (213,774) (385,066) 792,347 407,281

Page 28

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Ackworth School meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. These financial statements have been prepared using the historical cost convention and are rounded to the nearest £.

The Consolidated Statement of Financial Activities (SOFA) and Consolidated Balance Sheet consolidate the financial statements of the Charitable Company and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis.

The Charitable Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Financial Activities in these financial statements. On the grounds that the charitable company's results are consolidated into the charitable company's group accounts, the charitable company has taken advantage of certain exemptions conferred by section 1.11 of FRS 102 as follows: Exemption from presenting a charitable company statement of cash flows as a primary statement to the financial statements.

1.2 Going concern

The school reported a deficit of £972,429 (2024: £183,528 surplus), has net current liabilities of £1,861,068 (2024: £1,083,647) and has deficit net free reserves of £3,651,547 (2024: £2,755,567).

Reporting a deficit of this magnitude is disappointing, but it must be viewed through the unique lens of 2024/25 and the challenges presented by the introduction of VAT on school fees, the loss of business rates relief, increased employer NI contributions and action taken to write off much historical bad debt where, despite all efforts, recovery is now considered unlikely. Despite the deficit reported cash flow has remained more stable, primarily as the exceptional bad debt cost of £387,691 related to mainly historical items and was a non cash movement in the current year, with net cash outflow of £79,615 for the year, which included repayment of debt of £66,667. The Trustees remain mindful of the longer-term view and the financial security of school. They continue to monitor and manage the impact of unprecedented external economic pressures.

Now halfway through financial year 2025/26 the Trustees forecast income to equal expenditure at the end of the reporting period and forecasts demonstrate the ability to deliver a sustainable operating surplus from 2026/27. Forecasts also demonstrate the school’s ability to operate within current cashflow headroom through to 31 August 2027. The school benefits from a 247 year relationship with its banking partner and an agreed overdraft facility of £350k in in place should it be needed to manage a cash low point.

The Trustees are taking action to manage the financial and going concern risk and continue to continue to use the four focused working groups established in September 2024 to take a strategic view of long-term financial sustainability, the key to which is a robust operating model capable of withstanding future financial shocks. Specifically, the working groups continue to review and develop:

Page 29

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. Accounting policies (continued)

1.2 Going concern (continued)

• the staffing structure to ensure it is fit for the current size strategy of the school;

• an increased SEND offer including new forms of provision;

• a strategic partnership with PSG Academy UK to aid the growth of the Football Academy, which in turn increases boarding numbers and the size and scope of the 6th form;

• assets held and any potential opportunities to release funds to support school without otherwise compromising the facilities of the school;

• reform of the bursaries and scholarships process to ensure that awards are both effective and equitable; and

• develop a fundraising strategy to increase non-fee income.

Since September 2024, working group outcomes have been delivered at pace. This has led to stabilisation in 2025/26 and with further measures in 2026 leading to increased income Trustees are confident of the school’s ability to deliver a trading performance recovery.

For these reasons, the Trustees consider it appropriate to continue to adopt the going concern basis in preparing the financial statements.

1.3 Income

All income is recognised once the Charitable Group has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

School fees are included in the Statement of Financial Activities net of scholarships, bursaries and allowances on a recoverable basis.

Grants are included in the Consolidated Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

1.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Group's objectives, as well as any associated support costs.

Page 30

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. Accounting policies (continued)

1.4 Expenditure (continued)

All expenditure is inclusive of irrecoverable VAT.

1.5 Employee benefits

The costs of short-term employee benefits are recognised as an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

1.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £1,000 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. On transition to FRS 102, on 1 September 2016, the charitable company adopted a deemed cost basis for the land and buildings class of fixed assets. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

The freehold school buildings are not depreciated. In accordance with the terms of trust on which they are held, the original school buildings dating back to 1779 have to be maintained in good working order in perpetuity and accordingly the Trustees consider that the lives of these assets are so long and the residual values, based on prices prevailing at the time of valuation, are so high that any depreciation charge would be either nil or trivial.

Depreciation of other assets is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery	-	20% per annum straight line
Motor vehicles	-	20% per annum straight line
Fixtures and fittings	-	20% per annum straight line

Freehold land is not depreciated.

1.7 Heritage assets

Where heritage assets have been purchased, they are initially recognised at cost. After recognition, under the cost model, heritage assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.

Page 31

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. Accounting policies (continued)

1.8 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Consolidated Statement of Financial Activities.

Investments in subsidiaries are valued at cost less provision for impairment.

1.9 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.10 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.11 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charitable Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated Statement of Financial Activities as a finance cost.

1.12 Financial instruments

The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 32

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. Accounting policies (continued)

1.13 Pensions

The Group operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Group to the fund in respect of the year.

The Group is a member of a multi-employer plan. Where it is not possible for the Group to obtain sufficient information to enable it to account for the plan as a defined benefit plan, it accounts for the plan as a defined contribution plan.

1.14 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Endowed funds are held in the Ackworth & Freshfield Educational Foundation and the incoming resources are restricted.

Investment income, gains and losses are allocated to the appropriate fund.

Page 33

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2. Critical accounting estimates and areas of judgment

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical accounting estimates and assumptions:

The Charitable Company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

Outstanding trade debtor balances are reviewed on a line by line basis to identify possible amounts where a provision is required. Management closely manage the collection of trade debtors and therefore are able to identify balances where there is uncertainty about its recoverability, and determine what provision is required (if any).

Management monitor the condition of the freehold school buildings and the general property market to identify whether their value has reduced below the value in the financial statements,, in which case, a depreciation charge would be required.

3. Income from donations and legacies

Donations Total 2024	Unrestricted funds 2025 £ 2,385 49,390	Restricted funds 2025 £ 1,716 8,708	Total funds 2025 £ 4,101 58,098	Total funds 2024 £ 58,098

Page 34

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

4. Income from charitable activities

School fees Less: Bursaries, scholarships and allowances Total 2025 Total 2024 5. Income from other trading activities Income from non charitable trading activities ASEL trading income Other income Total 2024	Unrestricted funds 2025 £ 10,255,170 (1,930,603) 8,324,567 8,682,676 Unrestricted funds 2025 £ 246,010 90,855 336,865 236,431	Total funds 2025 £ 10,255,170 (1,930,603) 8,324,567 8,682,676 Total funds 2025 £ 246,010 90,855 336,865 236,431	Total funds 2024 £ 10,230,982 (1,548,306) 8,682,676 Total funds 2024 £ 199,948 36,483 236,431

Page 35

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

6. Investment income

UK quoted investments Bank deposit interest Total 2024	Unrestricted funds 2025 £ 9,904 4,000 13,904 33,623	Restricted funds 2025 £ 2,833 1,153 3,986 4,113	Endowment funds 2025 £ 638 - 638 797	Total funds 2025 £ 13,375 5,153 18,528 38,533	Total funds 2024 £ 14,280 24,253 38,533

1. Other income

Profit on sale of fixed assets Other event income Total 2024	Unrestricted funds 2025 £ - 1,288 1,288 4,000	Total funds 2025 £ - 1,288 1,288 4,000	Total funds 2024 £ 4,000 - 4,000

Page 36

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

8. Expenditure on raising funds

Pupil recruitment commission Bank interest and charges Interest on composition fees Trading costs - subsidiary Depreciation Total 2024	Unrestricted funds 2025 £ 164,033 23,819 14,947 52,810 10,855 266,464 273,315	Total funds 2025 £ 164,033 23,819 14,947 52,810 10,855 266,464 273,315	Total funds 2024 £ 162,822 32,628 14,860 63,005 - 273,315

9. Analysis of expenditure on charitable activities

Summary by fund type

Teaching Welfare Management and administration Premises costs Governance costs Exceptional bad debt expense Total 2024	Unrestricted funds 2025 £ 4,574,047 1,265,792 1,605,350 1,516,406 27,527 8,989,122 387,691 9,376,813 8,664,430	Restricted funds 2025 £ - 2,090 44 - - 2,134 - 2,134 54	Total funds 2025 £ 4,574,047 1,267,882 1,605,394 1,516,406 27,527 8,991,256 387,691 9,378,947 8,664,484	Total funds 2024 £ 4,352,633 1,182,468 1,532,642 1,541,348 55,393
				8,664,484 - 8,664,484

Page 37

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Summary by expenditure type

Teaching Welfare Management and administration Premises costs Governance Exceptional bad debt expense Total 2024	Staff costs 2025 £ 4,289,086 224,261 730,115 705,394 - 5,948,856 - 5,948,856 5,392,089	Depreciation 2025 £ - - 92,433 - - 92,433 - 92,433 79,761	Other costs 2025 £ 284,961 1,043,621 782,846 811,012 27,527 2,949,967 387,691 3,337,658 3,192,634	Total funds 2025 £ 4,574,047 1,267,882 1,605,394 1,516,406 27,527 8,991,256 387,691 9,378,947 8,664,484	Total funds 2024 £ 4,352,633 1,182,468 1,532,642 1,541,348 55,393
					8,664,484 - 8,664,484

Exceptional bad debt expense

In view of the challenging economic environment, a comprehensive review of trade debtors was completed. Debts which were significantly aged where the prospect of recovery is now considered low, despite best endevours to recover, have been provided in full to ensure that trade debtor balances reflect a realistic view of amounts expected to be recovered. An exceptional expense of £387,691 has been recognised in year accordingly.

10. Auditors' remuneration

Auditors' remuneration
	2025	2024
	£	£
For audit services	15,045	14,330
Fees payable to the Charitable Company's auditor in respect of:
All non-audit services not included above	9,425	8,975

Page 38

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

11. Net income/(expenditure)

This is stated after charging:

	2025	2024
	£	£
Depreciation of tangible fixed assets:
- owned by the company	103,288	79,761
Operating lease charges	191,974	180,550

12. Staff costs

Wages and salaries Social security costs Other pension costs	Group 2025 £ 4,678,093 477,204 793,559 5,948,856	Group 2024 £ 4,158,097 561,802 672,190 5,392,089	Company 2025 £ 4,678,093 477,204 793,559 5,948,856	Company 2024 £ 4,158,097 561,802 672,190 5,392,089

In addition, non payroll caterer's costs of £509,421 (2024: £520,485) and supply cover costs of £79,434 (2024: £149,790) have been incurred and are included in "other costs".

The average number of persons employed by the Charitable Company during the year was as follows:

Teaching Teaching Support Welfare Nursery Premises Staff Management and Administration	Group 2025 No. 81 21 4 5 28 18 157	Group 2024 No. 82 17 3 6 25 19
		152

The average number of employees on the payroll during the year was 176 (2024: 173).

Page 39

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

12. Staff costs (continued)

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

		Group	Group
		2025	2024
		No.	No.
In the band £60,001	- £70,000	1	-
In the band £90,001	- £100,000	1	-

Pension contributions with respect to the above were £33,056 (2024: £nil).

Due to vacancy savings, no employee earned more than £60k in the previous year. The key management personnel consists of the Head Teacher, Director of Finance and Operations, the Heads of Departments and the Trustees. Total emoluments paid to the key management personnel, including employer's pension and national insurance, were £697,970 (2024: £620,428).

13. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) other than described below.

One or more trustees has been paid remuneration or has received other benefits from employment with the school as permitted by the Articles of Association, being the head and the head of finance.

The Head Teacher and Director of Finance and Operations only receive remuneration in respect of services they provide undertaking the roles of Head Teacher and Director of Finance and Operations under their contracts of employment, they are not remunerated for their services as Trustees. The total remuneration of the Head Teacher amounted to £119,203 (2024: £108,735) and the total remuneration of the Director of Finance and Operations amounted to £77,089 (2024: £88,527). The total remuneration includes employer's pension contributions but excludes employer's national insurance.

During the year ended 31 August 2025, expenses totalling £3,880 were reimbursed or paid directly to 2 Trustees (2024: £4,264 to 6 Trustees). These out of pocket expenses were for travelling to meetings and training costs.

The school has arranged indemnity insurance cover for trustees at a cost of £444 (2024: £444).

Page 40

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

14. Tangible fixed assets

Group

Cost or valuation At 1 September 2024 Additions At 31 August 2025 Depreciation At 1 September 2024 Charge for the year At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024	Freehold property £ 6,544,112 - 6,544,112 - - - 6,544,112 6,544,112	Plant and machinery £ 1,060,724 9,511 1,070,235 788,080 59,666 847,746 222,489 272,644	Motor vehicles £ 52,715 2,950 55,665 26,220 9,814 36,034 19,631 26,495	Fixtures and fittings £ 1,382,910 13,935 1,396,845 1,339,376 33,808 1,373,184 23,661 43,534	Total £ 9,040,461 26,396 9,066,857
					2,153,676 103,288 2,256,964
					6,809,893
					6,886,785

Page 41

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

14. Tangible fixed assets (continued)

Company

Cost or valuation At 1 September 2024 Additions At 31 August 2025 Depreciation At 1 September 2024 Charge for the year At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024	Freehold property £ 6,544,112 - 6,544,112 - - - 6,544,112 6,544,112	Plant and machinery £ 1,059,020 9,511 1,068,531 788,080 58,625 846,705 221,826 270,940	Motor vehicles £ 26,220 - 26,220 26,220 - 26,220 - -	Fixtures and fittings £ 1,378,758 13,935 1,392,693 1,335,224 33,808 1,369,032 23,661 43,534	Total £ 9,008,110 23,446 9,031,556
					2,149,524 92,433 2,241,957
					6,789,599
					6,858,586

Heritage assets

The Meeting House, which is a listed Heritage asset circa 1847, is located on the School's site. The School maintains the property but a separate, reliable valuation is not readily available and therefore is included in the accounts at a written down value of £nil.

Deemed cost

The land and buildings class of fixed assets was revalued on 1 August 2016 by Stephenson & Son and on 27 September 2017 by CBRE who are external to the charity. This has been treated as deemed cost under FRS 102. The basis of this valuation was trading for the school buildings and open market value for the other land and buildings. At transition the class of assets had a fair value of £6,544,112 and a carrying amount at historical cost of £4,277,112.

Page 42

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

15. Fixed asset investments

Group Cost or valuation At 1 September 2024 Additions Revaluations At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024	Listed investments £ 954,183 - (12,367) 941,816 941,816 954,183	Cash held in portfolio £ 18,060 338 - 18,398 18,398 18,060	Total £ 972,243 338 (12,367) 960,214 960,214 972,243

At balance sheet date, the Group held investments in the COIF Charities Investment fund with a valuation of £562,304 (2024: £579,487). The historical cost is unknown.

The Group also held UK Quoted Investments with a valuation of £342,245 (2024: £374,695). The historical cost is unknown.

Charitable Company Cost or valuation At 1 September 2024 Additions Revaluations At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024	Listed investments £ 314,544 - (4,920) 309,624 309,624 314,544	Cash held in portfolio £ 18,060 338 - 18,398 18,398 18,060	Total £ 332,604 338 (4,920) 328,022 328,022 332,604

Page 43

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

(A Company Limited by Guarantee)

ACKWORTH SCHOOL

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

15. Fixed asset investments (continued)

At the balance sheet date, the Charitable Company held investments in the COIF Charities Investment fund with a valuation of £176,988 (2024: £183,516). The historical cost is unknown.

The Charitable Company also held UK Quoted Investments with a valuation of £132,636 (2024: £131,029). The historical cost is unknown.

Principal subsidiaries

The following were subsidiary undertakings of the Charitable Company:

Names	Company	Charity	Registered office or principal place
	number	registration	of business
		number
Ackworth School 1950 Trust		1056414	Ackworth School, Ackworth, WF7
			7LT
Ackworth and Freshfield Educational		529275	Ackworth School, Ackworth, WF7
Foundation			7LT
Ackworth School Estates	00411440		Ackworth School, Ackworth, WF7
			7LT
Wennington School Bursary Fund		810343	Ackworth School, Ackworth, WF7
			7LT

The financial results of the subsidiaries for the year were:

Names	Income	Expenditure	Profit/(loss) for	Net assets
	£	£	the year	£
			£
Ackworth School 1950 Trust	13,585	(2,196,177)	(2,192,824)	582,928
Ackworth and Freshfield Educational	1,500	(159,788)	(156,235)	229,086
Foundation
Ackworth School Estates	248,398	(63,607)	184,791	53,478
Wennington School Bursary Fund	1,159	(38,641)	(36,750)	80,594

Page 44

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

16. Debtors

Due within one year Trade debtors Amounts owed by group undertakings Other debtors Prepayments and accrued income	Group 2025 £ 2,424,314 - 25,125 376,409 2,825,848	Group 2024 £ 2,980,509 - 56,422 147,854 3,184,785	Company 2025 £ 2,282,263 90,424 25,125 375,840 2,773,652	Company 2024 £ 2,892,571 129,161 54,824 146,836
				3,223,392

17. Creditors: Amounts falling due within one year

Bank loans Pension creditor Trade creditors Amounts owed to group undertakings Other taxation and social security Other creditors Accruals and deferred income	Group 2025 £ - 76,551 1,020,822 - 556,662 106,708 3,235,441 4,996,184	Group 2024 £ 66,667 57,639 835,942 - 90,947 115,252 3,491,206 4,657,653	Company 2025 £ - 76,551 1,034,822 198,385 544,116 106,708 3,199,537 5,160,119	Company 2024 £ 66,667 57,639 816,868 198,385 89,263 115,252 3,484,841
				4,828,915

Page 45

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Accruals and deferred income includes: Composition fees Fees invoiced in advance Fees received in advance Acceptance fees Accruals Prizes Other	Group 2025 £ 168,183 2,525,100 381,083 53,107 97,358 4,000 6,610 3,235,441	Group 2024 £ 151,989 2,475,497 575,968 52,757 225,776 4,000 5,219 3,491,206	Company 2025 £ 168,183 2,525,100 381,083 53,107 61,454 4,000 6,610 3,199,537	Company 2024 £ 151,989 2,475,497 575,968 52,757 219,411 4,000 5,219
				3,484,841

The majority of deferred income relates to fees for the forthcoming school term. Acceptance fees are refundable when the pupil leaves the School.

The bank loan was repayable in installments with the final repayment due 31 December 2025. Interest was charged at 3% above the base rate.

The bank loan was secured by way of a fixed charge over specific land held by the School.

18. Creditors: Amounts falling due after more than one year

Amounts owed to group undertakings Composition fees	Group 2025 £ - 789,639 789,639	Group 2024 £ - 683,552 683,552	Company 2025 £ 2,196,127 789,639 2,985,766	Company 2024 £ 2,196,127 683,552
				2,879,679

Composition fees may be returned in certain, exceptional circumstances. Assuming pupils will remain in school, £524,459 will be due within two to five years (2024: £83,996) and £264,680 will be due in more than 5 years (2024: £599,556)..

Page 46

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

19. Statement of funds

Statement of funds
Statement of funds - current year Balance at 1 September 2024 £ Income £ Unrestricted funds General reserve 2,288,710 8,420,707 Ackworth School 1950 Trust 1,801,125 9,904 Ackworth School Estates Limited 41,383 248,398 4,131,218 8,679,009 The General reserve is the funds of the company. Balance at 1 September 2024 £ Income £ Endowment funds Ackworth & Freshfield Educational Foundation 159,145 638	Expenditure £ (9,579,621) (49) (63,607) (9,643,277) Expenditure £ -	Transfers in/out £ 192,696 - (192,696) - Transfers in/out £ -	Gains/ (Losses) £ - (8,604) - (8,604) Gains/ (Losses) £ 1,553	Balance at 31 August 2025 £ 1,322,492 1,802,376 33,478 3,158,346
Unrestricted funds General reserve Ackworth School 1950 Trust Ackworth School Estates Limited The General reserve Endowment funds Ackworth & Freshfield Educational Foundation
				Balance at 31 August 2025 £ 161,336

Purpose of endowment funds:

Ackworth and Freshfield Educational Foundation

Monies held for the generation of income to support the provision of scholarships for Ackworth School with the residual being applied for providing financial assistance to those pupils going into further education.

Page 47

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

19. Statement of funds (continued)

Restricted funds School various funds Wennington School Bursary Fund Ackworth & Freshfield Educational Foundation Ackworth School 1950 Trust Total of funds	Balance at 1 September 2024 £ 483,319 117,344 226,176 974,627 1,801,466 6,091,829	Income £ - 1,159 862 3,681 5,702 8,685,349	Expenditure £ (2,090) (24) (20) - (2,134) (9,645,411)	Transfers in/out £ - - - - - -	Gains/ (Losses) £ (4,920) 732 500 (1,628) (5,316) (12,367)	Balance at 31 August 2025 £ 476,309 119,211 227,518 976,680 1,799,718
						5,119,400

Page 48

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

19. Statement of funds (continued)

Purpose of restricted funds:

School various funds

This balance is comprised of historic donations and legacies from numerous individual donors. The terms and conditions of the funds relate to specific requests at the time of receipt by the School, however these have been lost over time. The expenditure credit relates to intercompany balance provided against in the subsidaries and eliminated on consolidation.

Wennington School Bursary Fund

This fund is for the provision of financial support to those under 25 attending or about to attend Ackworth School through the provision of scholarships and bursaries.

Ackworth & Freshfield Educational Foundation

The provision of special benefits for Ackworth School with the residual being applied for the awarding of bursaries and providing financial assistance to those pupils going into further education or travelling.

Ackworth School 1950 Trust

This relates to various restricted donations lent to the School for specific use.

Statement of funds - prior year

Unrestricted funds General reserve Ackworth School 1950 Trust Ackworth School Estates Limited	Balance at 1 September 2023 £ 2,210,058 1,781,895 13,184 4,005,137	Income £ 8,773,693 10,921 221,506 9,006,120	Expenditure £ (8,853,549) (20,050) (64,146) (8,937,745)	Transfers in/out £ 129,161 - (129,161) -	Gains/ (Losses) £ 29,347 28,359 - 57,706	Balance at 31 August 2024 £ 2,288,710 1,801,125 41,383 4,131,218

Page 49

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

19. Statement of funds (continued)

Endowment funds Ackworth & Freshfield Educational Foundation Restricted funds School various funds Wennington School Bursary Fund Ackworth & Freshfield Educational Foundation Ackworth School 1950 Trust Total of funds	Balance at 1 September 2023 £ 143,797 Balance at 1 September 2023 £ 471,612 108,361 211,398 967,996 1,759,367 5,908,301	Income £ 797 Income £ 7,451 1,267 880 3,223 12,821 9,019,738	Expenditure £ - Expenditure £ - (32) (22) - (54) (8,937,799)	Transfers in/out £ - Transfers in/out £ - - - - - -	Gains/ (Losses) £ 14,551 Gains/ (Losses) £ 4,256 7,748 13,920 3,408 29,332 101,589	Balance at 31 August 2024 £ 159,145
						Balance at 31 August 2024 £ 483,319 117,344 226,176 974,627 1,801,466
						6,091,829

Page 50

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

20. Summary of funds

Summary of funds - current year

General funds Endowment funds Restricted funds	Balance at 1 September 2024 £ 4,131,218 159,145 1,801,466 6,091,829 prior year Balance at 1 September 2023 £ 4,005,137 143,797 1,759,367 5,908,301	Income £ 8,679,009 638 5,702 8,685,349 Income £ 9,006,120 797 12,821 9,019,738	Expenditure £ (9,643,277) - (2,134) (9,645,411) Expenditure £ (8,937,745) - (54) (8,937,799)	Transfers in/out £ - - - - Transfers in/out £ - - - -	Gains/ (Losses) £ (8,604) 1,553 (5,316) (12,367) Gains/ (Losses) £ 57,706 14,551 29,332 101,589	Balance at 31 August 2025 £ 3,158,346 161,336 1,799,718 5,119,400
						Balance at 31 August 2024 £ 4,131,218 159,145 1,801,466 6,091,829
Summary of funds -
General funds Endowment funds Restricted funds

Page 51

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

21. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Creditors due in more than one year Total Analysis of net assets between funds - prior year Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Creditors due in more than one year Total	Unrestricted funds 2025 £ 6,809,893 657,738 1,476,538 (4,996,184) (789,639) 3,158,346 Unrestricted funds 2024 £ 6,886,785 21,875 2,563,763 (4,657,653) (683,552) 4,131,218	Restricted funds 2025 £ - 152,021 1,647,697 - - 1,799,718 Restricted funds 2024 £ - 801,466 1,000,000 - - 1,801,466	Endowment funds 2025 £ - 150,455 10,881 - - 161,336 Endowment funds 2024 £ - 148,902 10,243 - - 159,145	Total funds 2025 £ 6,809,893 960,214 3,135,116 (4,996,184) (789,639) 5,119,400 Total funds 2024 £ 6,886,785 972,243 3,574,006 (4,657,653) (683,552) 6,091,829

Page 52

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

22. Reconciliation of net movement in funds to net cash flow from operating activities

Net (expenditure)/income for the period (as per Statement of Financial Activities) Adjustments for: Depreciation charges Losses/(gains) on investments Dividends, interests and rents from investments Loss on the sale of fixed assets Decrease in debtors Increase/(decrease) in creditors Interest payable Net cash provided by operating activities	Group 2025 £ (972,429) 103,288 12,367 (18,528) - 358,937 511,285 10,071 4,991	Group 2024 £ 183,528
		79,761 (101,589) (38,533) (4,000) 31,054 (166,608) 13,775
		(2,612)

23. Analysis of cash and cash equivalents

Cash at bank Investment portfolio Total cash and cash equivalents	Group 2025 £ 309,268 18,398 327,666	Group 2024 £ 389,221 18,060
		407,281

Page 53

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

24. Analysis of changes in net debt

Cash at bank and in hand Debt due within 1 year	At 1 September 2024 £ 389,221 (66,667) 322,554	Cash flows £ (79,953) 66,667 (13,286)	At 31 August 2025 £ 309,268 - 309,268

25. Pension schemes

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £793,559 (2024 - £672,190). Amounts totalling £76,551 (2024: £57,639) were payable to the fund at the balance sheet date and are included in creditors falling due within the year.

26. Operating lease commitments

At 31 August 2025 the Group and the Charitable Company had commitments to make future minimum lease payments under non-cancellable operating leases as follows:

Not later than 1 year Later than 1 year and not later than 5 years	Group 2025 £ 155,638 220,816 376,454	Group 2024 £ 187,595 189,875 377,470	Company 2025 £ 155,638 220,816 376,454	Company 2024 £ 187,595 189,875
				377,470

Page 54

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60

ACKWORTH SCHOOL

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

27. Related party transactions

Ackworth School Estates Limited (ASEL)

(Ackworth School is the ultimate controlling entity)

The main activity is the letting of the facilities of Ackworth School. During the year sales amounting to £8,280 (2024: £2,047) were invoiced to ASEL, and purchases were made from ASEL totalling £178 (2024: £11,717) and the profit of the company is made available to the school by way of a deed of covenant.

At the balance sheet date the amount due from ASEL was £90,424 (2024: £129,161). A grant totalling £nil (2024: £20,000) was also received from Ackworth School 1950 Trust, the immediate controlling entity.

Ackworth School 1950 Trust

(The Trustees are also Trustees of Ackworth School)

Ackworth School 1950 Trust receives gifts, legacies and donations and lends these funds to Ackworth School. In the year grants of £nil (2024: £20,000) were paid to the Ackworth School Estates Limited, a subsidiary undertaking for the purposes of letting the premises and land at Ackworth School.

At the balance sheet date the amount due to Ackworth School 1950 Trust was £2,196,128 (2024: £2,196,128) which is provided against in the subsidiary, and accrued interest of £43 (2024: £247).

Ackworth & Freshfield Educational Foundation

(The Trustees are also Trustees of Ackworth School)

At the balance sheet date £159,768 (2024: £159,768) was payable to Ackworth & Freshfield Educational Foundation which is provided against in the subsidiary, and accrued interest of £102 (2024: £115).

Wennington School Bursary Fund

(The Trustees are also Trustees of Ackworth School)

At the balance sheet date, the net amount due to Wennington School Bursary Fund was £38,617 (2024: £38,617) which is provided against in the subsidiary, and accrued interest of £235 (2024: £207).

The school received donations from Trustees totalling £20.

Page 55

Document ID: dce16e279d531e9b5dea66ee774078cc44dfbda29b9bc6631a94a43514334e60